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Banks reveals new interest rates after CBN MPR cut

CBN’s 350-basis-point interest rate cut takes the MPR to 23%, but manufacturers warn bank lending rates could keep loans costly for Nigerians and businesses.

Aggregated · originally by Legit.ng
29 Sept 2026, 16:30 WAT · 3 min read
Read at source
Banks reveals new interest rates after CBN MPR cut

CBN’s 350-basis-point interest rate cut takes the MPR to 23%, but manufacturers warn bank lending rates could keep loans costly for Nigerians and businesses.